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NextEra Energy Resources and Basin Electric Power Cooperative Announce MOU to Develop 1,450-MW Natural Gas-fired Power Plant in North Dakota

LCG, December 8, 2025--Basin Electric Power Cooperative (Basin Electric) and NextEra Energy Resources, LLC (NextEra) today announced that they have signed a memorandum of understanding (MOU) to explore the joint development of the River Run Energy Center, a new combined-cycle natural gas-fueled generation facility in Basin Electric's North Dakota service territory. The proposed facility will have a planned capacity of approximately 1,450 MW.

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LCG Releases January–March 2026 PJM Congestion Outlook Featuring Fundamentals-Based 3-Month Forecast

LCG, December 2, 2025 — LCG today announced the release of its PJM Congestion Outlook for January–March 2026, delivering a fundamentals-based, three-month forecast designed to help traders and risk managers better navigate congestion risks in PJM’s FTR markets.

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Industry News

Bayou Cove Plant To Start for Summer Peaking Season

LCG, June 20, 2002--A new, gas-fired peaking plant near Jennings, Louisiana is expected to begin producing power in July.

The Bayou Cove plant, consisting of four combustion turbines, will have half of its planned 320-MW capacity online this summer. The remaining portion will follow at an as-yet unspecified date. NRG Energy Inc., the plant owner, selected The Shaw Group for construction. Bayou Cove will not use groundwater for cooling. Instead, water will be trucked to the 117-acre greenfield site.
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